When you start a business in India. You have to register under the Indirect tax
registration which is imposed by the Central Government or State Government.
Tax Registration always applied after the business registration in India.
VAT is collected and governed by the State Government , so each State Government in India has distinct rules applicable for their State based on the type of good manufactured or sold Value Added Tax (VAT).
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It is an indirect tax wherein the service provider collects the tax on services from service receiver and pays the same to government of India. Service Tax Application is mandatory for anyone involved in the service
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A professional tax is tax levied by the State on the Income earned by way of profession, trade, employment. This form of tax was first levied in India in the year 1949 and the power to levy professional tax
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The first requirement before you start an import/ export business in India is to obtain an Import Export Code Registration All businesses which are engaged in Import and Export of goods
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The Karnataka Shops & Commercial Establishment Act, 1961 has been enforced from 01-03-1962 in the State of Karnataka. This Act provides the rules and regulations to work and employment in Shops
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SSI” means Small Scale Industries this name has been changed to “MSME” meaning Micro, Small, and Medium Enterprises. Based on the investment range the business will be categorised as Micro
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